San Lorenzo Gold (CVE:SLG) Reaches New 12-Month High – What’s Next?

San Lorenzo Gold Corp. (CVE:SLGGet Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as C$3.05 and last traded at C$2.99, with a volume of 87573 shares trading hands. The stock had previously closed at C$2.82.

San Lorenzo Gold Stock Up 4.6%

The company has a current ratio of 0.75, a quick ratio of 0.03 and a debt-to-equity ratio of 54.08. The firm’s 50 day moving average price is C$1.50 and its two-hundred day moving average price is C$0.93. The company has a market capitalization of C$236.48 million, a price-to-earnings ratio of -295.00 and a beta of 0.15.

About San Lorenzo Gold

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San Lorenzo Gold Corp., an exploration company, acquires and develops mineral properties in Chile. It primarily explores for copper and gold. Its flagship property is 100% interest hold in the Salvadora project that covers an area of 8,796 hectares located in the Province of Chañaral, III Region, Chile. The company is headquartered in Calgary, Canada.

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